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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end? -- Ignore unavailable to you. Want to Upgrade?

To: Sir Auric Goldfinger who wrote (110)	12/22/1998 10:19:00 PM
From: Patriarch	Read Replies (1) \| Respond to of 3543

I've always wanted to ask you: Do you still hang out with Pussy Galore. Just curious <ggg> Pat

To: Sir Auric Goldfinger who wrote (110)	12/22/1998 10:29:00 PM
From: EL KABONG!!!	Respond to of 3543

Auric, If you have a considerable amount of gold, then you are hardly a "little guy". You must manage your capital and your resources well to have survived intact (in gold) at this point. More power to you. I'll PM you sometime about my connections with gold. I really believe that when the tulip lid blows that the powers that control the markets really don't want small timers sharing in any shorting profits. We're talking several billion dollars here in any blowoff (enough to make even the rich turn greedy), and we can be reasonably assured that the vast majority of the capital that can be salvaged by shorting will go to the sources with the deepest pockets (MMs, very risky hedge funds, the wealthiest of the wealthy individual investors, brokerages) and there won't be any sharing with the little guys who lose their shirts going long. It really amazes me to see people literally pouring their dollars into these stocks. Yeah, I'd like to own some internet stocks for the future growth, but not at these prices. This is like paying for a yacht and getting a dinghy. Someone famous once said that the masses always buy at the top, and I guess the expression rings true among the tulip stocks. KJC